Thursday, July 5, 2007

" Rising interest rates and declining profits from real estate are pushing investors to ditch European property stocks after a four-year rally. "

Buy the dip? Find a bargain? Not even close...

" The dividend yield, or what a company pays to investors as a proportion of its share price, is the lowest ever for real estate companies, according to JPMorgan Chase & Co. That suggests the stocks have more room to fall before they become a bargain. "

The leaders on the way up, are the leaders on the way down. The Bank of England just raised rates too.

" Stocks in the U.K. and Spain, the markets that led the boom, have been hurt most in the recent slump. "

Disclaimer

The Financial Ninja is a collection of my thoughts and opinions about current economic and market conditions. These are not buy and sell recommendations. Use your head and do your own research. This is a forum to stimulate discussion and debate.

About Me

I started trading during the tech bubble when I was still in high school. My trading has financed my education and I have since completed a BA in Economics and an MBA with a concentration in Finance. I have worked as both a proprietary equity and fixed income derivatives trader.